Your chance to get a tax deduction and help a good cause!
Looking to lower your taxable income? Donating money or assets to a qualified charity not only helps your community but also reduces your tax burden and unlocks additional tax benefits.
QuickBooks for Lawyers
Business owners can deduct vehicle expenses on their taxes by either using the standard mileage deduction or the actual costs of operating their vehicles, such as gas, repairs, and maintenance. For mixed personal and business use, tracking the mileage is essential, and apps like QuickBooks Online, MileIQ, Everlance, and TripLog can simplify the process.
Kiddie Tax : What s it and do you need to file?
Curious about the Kiddie Tax and whether it applies to your law firm? In this video, we break down everything you need to know about Kiddie Tax, helping you understand if it's something you should be concerned about. By the end, you'll have a clear grasp of this tax and whether your business needs to take action.
A backdoor Roth IRA Strategy For Law Offices
As a successful law firm owner, you may seek ways to invest without incurring capital gains tax, and a Roth IRA could be your solution. This strategy allows you to invest post-tax funds and enjoy tax-free withdrawals in retirement, although be mindful of the income limits that may restrict contributions.
Don't Get Disbarred 7 Financial Mistake Law Firm Owners Make
As a lawyer, keeping your license to practice is essential to your livelihood. Don't let accounting errors or oversights put your legal career in jeopardy! In this video, we'll discuss some common accounting mistakes and how to avoid them.
Financial Organization for Personal Injury Law Firms
Welcome to our in-depth presentation, "Financial Organization for Personal Injury Law Firms," hosted by T. Jayden Doyé, a seasoned Certified Public Accountant (CPA) with expertise in law firm financial management. This video is a comprehensive guide for personal injury law firms looking to streamline their financial practices.